Housing Market Analysis for GLENWOOD CLOSE, ME5 7NR

Are you looking to understand ME5 7NR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Medway postcode.

For the location information and nearby amenities in the ME5 7NR area, explore the ME5 7NR Area information page.
For comprehensive crime statistics in the ME5 7NR area, explore the ME5 7NR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 7NR postcode area, The average prices are as follows,

  • Flat
    • The average price is around £81,285 median price is £93,000 Standard Deviation is £41,130 with Total Sold: 21
    • The Last 5 Year average price is £126,583 with Total Sold: 6
    • The most recent sale happened at this postcode is 18 GLENWOOD CLOSE: £135,000 (Sold on 08 Jun 2023)
    • The first recorded sale happened at this postcode is 45 GLENWOOD CLOSE: £141,500 (Sold on 13 Dec 2023)
  • Terraced
    • The average price is around £103,750 median price is £103,750 Standard Deviation is £18,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 27 GLENWOOD CLOSE: £85,000 (Sold on 17 Jun 2013)
    • The first recorded sale happened at this postcode is 2 GLENWOOD CLOSE: £122,500 (Sold on 03 Oct 2012)
  • Semi-Detached
    • The average price is around £95,000 median price is £95,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 42 GLENWOOD CLOSE: £95,000 (Sold on 17 Aug 2007)
    • The first recorded sale happened at this postcode is 42 GLENWOOD CLOSE: £95,000 (Sold on 17 Aug 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7NR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£139,333 £2,880 3
2021£114,000 £2,375 1
2020£113,750 £2,421 2
2018£119,000 £2,479 1
2016£110,000 £2,292 1
2015£110,000 £2,292 1
2014£95,000 £1,979 1
2012£63,500 £1,323 1
2006£93,000 £2,114 1
2003£72,750 £1,580 2
2000£31,750 £661 1
1999£31,618 £659 2
1998£28,500 £594 2
1996£32,000 £667 1
1995£27,500 £573 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£85,000 £1,848 1
2012£122,500 £1,494 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£95,000 £1,979 1

All the Sales in the GLENWOOD CLOSE, ME5 7NR

See the table below for more details on the sold house prices in the ME5 7NR, Medway postcode.

AddressSold DatePrice% Change
18 GLENWOOD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197508 Jun 2023£135,00017.39%
18 Dec 2020£115,000238.73%
22 Dec 1999£33,950First Sale
46 GLENWOOD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197502 Feb 2021£114,00020.00%
01 Dec 2014£95,0002.15%
16 Jan 2006£93,00037.78%
27 Nov 2003£67,500130.48%
05 Jul 1999£29,287First Sale
43 GLENWOOD CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1976-198211 Dec 2020£112,500251.56%
31 Oct 1996£32,00016.36%
28 Jun 1995£27,500First Sale
39 GLENWOOD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197514 May 2018£119,0008.18%
10 Sep 2015£110,00073.23%
28 Sep 2012£63,500First Sale
42 GLENWOOD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197529 Jul 2016£110,00015.79%
17 Aug 2007£95,000First Sale
27 GLENWOOD CLOSETerraced, FreeholdArea: 46 Sq.mtrAge: 1976-198217 Jun 2013£85,000First Sale
2 GLENWOOD CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-196603 Oct 2012£122,500First Sale
24 GLENWOOD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197510 Oct 2003£78,000168.97%
26 Nov 1998£29,000First Sale
45 GLENWOOD CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197511 Feb 2000£31,75013.39%
26 Jun 1998£28,000-80.21%
13 Dec 2023£141,5000.0
13 Dec 2023£141,500First Sale

Check out the sold house prices near the ME5 7NR postcode. Properties currently for saleProperties currently for rent

GLENWOOD CLOSE, ME5 7NR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 7NR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the ME5 7NR postcode.

  • Flat
    • The average price is around £81,196 median price is £83,000 Standard Deviation is £34,979 with Total Sold: 415
    • The Last 5 Year average price is £117,096 with Total Sold: 72
    • The most recent sale happened at this postcode is FLAT 8, FLORENCE HOUSE 130A BEACON ROAD: £114,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 19, KINGSDALE COURT HOPEWELL DRIVE: £18,750 (Sold on 07 Feb 1995)
  • Semi-Detached
    • The average price is around £143,236 median price is £132,000 Standard Deviation is £82,795 with Total Sold: 765
    • The Last 5 Year average price is £259,586 with Total Sold: 126
    • The most recent sale happened at this postcode is , 17 BRACKEN LEA: £255,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 65 DOWNSVIEW: £57,000 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £121,030 median price is £115,000 Standard Deviation is £64,410 with Total Sold: 1,057
    • The Last 5 Year average price is £218,151 with Total Sold: 163
    • The most recent sale happened at this postcode is , 28 SHANKLIN CLOSE: £270,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 30 SOMERSET CLOSE: £39,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £193,481 median price is £179,750 Standard Deviation is £107,309 with Total Sold: 132
    • The Last 5 Year average price is £350,214 with Total Sold: 14
    • The most recent sale happened at this postcode is , 4 CAPSTONE ROAD: £275,000 (Sold on 07 Feb 2024)
    • The first recorded sale happened at this postcode is , 166 CAPSTONE ROAD: £135,000 (Sold on 17 May 1996)
  • Other
    • The average price is around £700,358 median price is £250,000 Standard Deviation is £1,376,345 with Total Sold: 30
    • The Last 5 Year average price is £653,088 with Total Sold: 17
    • The most recent sale happened at this postcode is UNIT 4, DAJEN BUSINESS PARK SECOND AVENUE: £335,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 111 HOPEWELL DRIVE: £375,000 (Sold on 11 Jun 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£104,429 £1,994 7
2023£114,133 £2,471 15
2022£111,676 £2,676 17
2021£131,879 £2,773 17
2020£118,750 £2,490 8
2019£112,182 £3,007 8
2018£111,808 £2,526 13
2017£112,450 £2,571 14
2016£97,647 £2,545 17
2015£84,000 £2,183 15
2014£74,587 £1,766 16
2013£67,050 £1,605 5
2012£64,254 £1,695 8
2011£74,643 £1,774 7
2010£80,100 £2,010 5
2009£80,375 £1,512 6
2008£105,778 £2,273 9
2007£98,250 £2,290 24
2006£92,387 £2,371 40
2005£89,454 £1,966 11
2004£89,076 £2,221 28
2003£70,975 £1,787 20
2002£51,183 £1,270 19
2001£45,908 £1,092 22
2000£36,401 £956 21
1999£27,980 £689 13
1998£32,074 £703 10
1997£26,450 £552 10
1996£28,689 £678 5
1995£25,450 £576 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,70911
2023£279,364 £3,990 22
2022£300,466 £3,729 23
2021£244,568 £3,187 27
2020£253,917 £3,340 18
2019£227,900 £3,066 25
2018£244,050 £3,145 30
2017£235,833 £3,219 21
2016£217,515 £2,892 20
2015£200,100 £2,432 35
2014£168,178 £2,317 19
2013£136,643 £1,962 14
2012£143,350 £2,026 10
2011£128,818 £1,969 11
2010£133,278 £1,853 9
2009£137,154 £1,862 13
2008£149,781 £2,029 18
2007£164,923 £2,127 39
2006£147,444 £1,998 27
2005£125,572 £2,057 31
2004£126,639 £1,782 25
2003£119,948 £1,715 33
2002£100,064 £1,329 47
2001£70,453 £1,048 36
2000£67,747 £948 31
1999£55,800 £813 38
1998£55,267 £714 40
1997£51,398 £703 40
1996£44,378 £621 30
1995£50,659 £578 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£249,7676
2023£230,767 £3,241 30
2022£241,161 £4,008 28
2021£225,690 £3,033 42
2020£185,759 £2,504 27
2019£196,333 £3,004 30
2018£195,648 £2,828 27
2017£184,103 £2,631 34
2016£176,958 £2,770 48
2015£143,926 £2,271 37
2014£131,285 £1,969 27
2013£122,633 £1,799 30
2012£117,795 £1,738 22
2011£105,883 £1,394 30
2010£109,643 £1,587 14
2009£118,406 £1,629 16
2008£121,083 £1,459 24
2007£130,083 £2,167 68
2006£120,107 £1,726 52
2005£113,975 £1,913 41
2004£111,344 £1,741 46
2003£98,638 £1,347 59
2002£79,066 £1,118 54
2001£61,228 £894 62
2000£53,935 £827 52
1999£45,267 £639 39
1998£42,828 £547 40
1997£37,482 £521 32
1996£37,932 £472 19
1995£33,690 £557 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £3,824 2
2022£480,000 £4,026 4
2021£350,000 £4,105 3
2020£240,000 £3,750 1
2019£273,250 £3,215 4
2018£315,286 £3,476 7
2017£303,438 £2,902 8
2016£264,785 £3,393 7
2015£182,600 £2,511 5
2014£165,000 £2,042 3
2013£219,583 £2,116 6
2012£185,062 £1,831 8
2011£129,500 £1,866 3
2010£175,000 £2,024 1
2009£177,000 £2,071 1
2008£172,000 £1,880 2
2007£212,000 £2,300 4
2006£179,125 £1,332 4
2005£193,500 £2,429 2
2004£176,199 £2,195 5
2003£230,800 £935 5
2002£128,998 £1,343 9
2001£132,071 £1,255 7
2000£118,200 £966 5
1999£82,999 £1,051 9
1998£85,375 £1,092 4
1997£93,936 £582 8
1996£71,000 £511 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,533,840 £7,696 5
2022£194,000 £3,646 5
2021£350,0001
2020£580,0002
2019£238,324 £2,767 4
2018£1,588,400 £17,631 5
2017£190,0004
2016£277,083 £1,604 3
2015£375,0001

House Type in ME5 7NR area

The most common house types in the ME5 7NR postcode area are Flat (73), Terraced (26), and Detached (21).

Total134
Flat73
Terraced26
Detached21
Semi-detached14
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Social rented: Other social rented (43).

Owned: Owns outright43
Social rented: Other social rented43
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority6
Shared ownership: Shared ownership2
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7NR have 1 person in household (76), and 2 people in household (31).

1 person in household76
2 people in household31
4 people in household14
3 people in household6
5 people in household6
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0